Over $5.5 Billion in Crypto Tokens Set to Unlock in January
- Unlock Total: January will see over $5.5 billion in cryptocurrencies unlocking, primarily through cliff and linear release mechanisms, which, while part of standard vesting schedules, can still impact short-term price movements during periods of low liquidity or fragile sentiment.
- Major Unlocks: Key unlocks including Ondo, BitgetToken, Hyperliquid, and the memecoin associated with Donald Trump account for nearly $2 billion combined, with Ondo's unlock being the largest, set to release over $840 million worth of tokens on January 19.
- Market Reaction: Despite the significant upcoming releases, some tokens like Hyperliquid are showing bullish price momentum, suggesting traders are factoring in long-term potential, while current price action indicates that market participants may be discounting the unlocks.
- Trading Strategy Suggestion: Traders may consider holding positions as the upcoming unlocks are balanced by positive price trends in some tokens, which could help mitigate potential volatility during this period.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE) As of , Hyperliquid (HYPE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16.152 | 21.786 | 27.157 | 32.791 | 38.162 | 43.796 | 49.167 |
| Fibonacci | 21.786 | 25.99 | 28.587 | 32.791 | 36.995 | 39.592 | 43.796 |
About HYPE
About the author
